Consumer companies fell as traders hedged their bets on the outlook for interest rates and economic growth. New jobless claims fell sharply, raising questions over whether the Federal Reserve will ...
A weakening jobs market prompted the Federal Reserve to cut its benchmark interest rate after holding rates steady for nine months. Historically, the S&P 500 has returned a median of 13% during the ...
Global banks are skeptical of the Turkish central bank’s sanguine outlook on risks to inflation, expecting a down-shift in the pace of interest-rate cuts on Thursday. Central bank Governor Fatih ...
The US jobs market in the year leading up to the spring was significantly weaker than previously thought — raising jitters about the overall health of the economy and all but sealing the case for the ...
The Bank of England should stop selling gilts from its quantitative-easing portfolio because the sales are distorting monetary policy, a former BOE rate-setter warned. Sushil Wadhwani, who was a ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
The first rate cuts of the year are here. In this video, I will talk about what happens to the stock market after the Federal Reserve cuts rates and what stocks I'm looking to buy. Watch the short ...
Mortgage rates rose 15 basis points following the Fed meeting despite a rate cut, with the 10-year yield climbing to 4.10%. Recent economic data including retail sales and jobless claims performed ...
Molly Grace is a staff money writer at Buy Side covering banking, home equity, investing, mortgages, retirement savings, taxes and budgeting. Staff Personal Finance Editor, Buy Side Valerie Morris is ...
WASHINGTON—The Federal Reserve approved a quarter-point interest rate cut Wednesday, the first in nine months, with officials judging that recent labor-market softness outweighed setbacks on inflation ...
RH has tumbled since the pandemic due to a sharp slowdown in the housing market. Despite the headwinds, the stock has delivered solid revenue growth in recent quarters. If mortgage rates come down, ...